If you are holding some number of shares of a company, write a call option and purchase a put option for equal number of shares of the company with the same expiry date.
for Nifty50 in the month of January, at the strike price of 7000, the volume of put options was 28,273 for a day and on the same day with same strike price and same expiry date, the volume of call options was 88,220.